Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

So, average cash flow is a product of the choices you make and the capital you have to deploy, as well as your lendability.I think what @Alecia Loveless wrote should be very helpful to you in terms of judging the money coming in, but it all depends on your location and investments.

This is where I grew up and my family is located.

Jessica-Where is the property located?

I always think about it this way, if you are buying cheap houses it is because people don't want them and don't want to live in that location.

The most basic step is to ensure that our form is in a highly visible, easy-to-access location where visitors can simply fill in their name, email, phone number, and property address.It’s honestly ridiculous that the BBB accreditation is ABOVE the form where the lead should input their details for your acquisition agent to contact them!

You can see big differences between similar houses based on location, even within the same city, and quality or the property. 

Determine which units need work done to get them up to market rent, which tenants may be a future problem, and which units you can simply increase rents without major upgrades.Depending on where you are located, the size of the unit, etc. you may be able to get up to $1,800/month in Bridgeport for a 2-bedroom.

This can be different based on your location.

My 2 cents,MikeIt's a poorly decorated, poorly photographed and underperforming STR in a location I love.